THQ And Jakks Square Off Over WWE License Renewal

It's a no holds barred legal struggle between partners Jakks Pacific and THQ over when and if they should renew their licensing agreement with the WWE, set to expire at the end of this year.

Jakks Pacific has gone ahead and notified World Wrestling Entertainment of their intentions to renew to license to create video games based on the highly popular wrestling franchise for another five years, extending the current agreement until December 31st, 2014..